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12-07-2017, 01:38 PM
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#1301
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Need my Daily Fix of RS
Join Date: Mar 2008
Location: burnaby
Posts: 289
Thanked 344 Times in 74 Posts
Failed 111 Times in 18 Posts
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Anyone know where I can buy a legit Ledger Nano S in Canada (better if local)? Don't know if there are any knock offs of this product, but don't want to take any chances. I know I can buy one from their website, but would rather buy from a Canadian source if I can help it.
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12-07-2017, 01:53 PM
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#1302
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What hasn't Killed me, has made me more tolerant of RS!
Join Date: Feb 2017
Posts: 195
Thanked 202 Times in 68 Posts
Failed 1 Time in 1 Post
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Quote:
Originally Posted by ray666
Anyone know where I can buy a legit Ledger Nano S in Canada (better if local)? Don't know if there are any knock offs of this product, but don't want to take any chances. I know I can buy one from their website, but would rather buy from a Canadian source if I can help it.
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I just purchased one on Amazon. Sent to Pt Roberts and picking it up. 72 usd shipped.
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12-07-2017, 02:26 PM
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#1303
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Say! Say! Say!
Join Date: Aug 2005
Location: Japan
Posts: 15,581
Thanked 3,415 Times in 1,509 Posts
Failed 246 Times in 65 Posts
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https://www.ledgerwallet.com/retailers
Authorized Canadian retailers
www.satoshicounter.com
www.BIGbtc.ca
www.cryptoasylum.ca
Crypto Asylum is Vancouver-based, so shipping should be faster.
__________________
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Owner of Vansterdam's 420th thanks. OH YEAUHHH.
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Quote:
Originally Posted by 89blkcivic
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
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12-07-2017, 03:46 PM
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#1304
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Where's my RS Christmas Lobster?!
Join Date: Mar 2011
Location: Richmond
Posts: 878
Thanked 421 Times in 186 Posts
Failed 7 Times in 6 Posts
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17k!
I lost a large portion of my stuff on BTC-E but the fraction of a coin I still had in my wallet is definitely more than a couple pennies.
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12-07-2017, 03:50 PM
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#1305
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OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005
Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
Failed 96 Times in 53 Posts
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futures coming this sunday bois…..
big money bears are on their way.
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12-07-2017, 04:16 PM
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#1306
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I keep RS good
Join Date: May 2001
Location: Cosmos
Posts: 28,736
Thanked 5,599 Times in 1,524 Posts
Failed 889 Times in 301 Posts
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Quote:
Originally Posted by threezero
futures coming this sunday bois…..
big money bears are on their way.
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wrong.
Coming Soon: Bitcoin Futures
18th bruh
technically 17th sunday at 3pm PST.
35% margin right now, so fuckin ~25-35k USD margins depending. lol not for pussies.
Quote:
27. What are the margin requirements for Bitcoin futures?
Margins will be calculated using CME’s standard benchmarking process for newly-launched contracts. As of December 1, 2017 the estimate of initial margin that CME Clearing would require is 35%, though this is subject to change. Margin offsets with other CME products will not be offered initially. Additionally, FCMs may require a margin level beyond CME Clearing’s minimum requirement.
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lol i wonder how liquid it will be.
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12-07-2017, 04:23 PM
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#1307
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OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005
Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
Failed 96 Times in 53 Posts
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Quote:
Originally Posted by Ulic Qel-Droma
wrong.
Coming Soon: Bitcoin Futures
18th bruh
technically 17th sunday at 3pm PST.
35% margin right now, so fuckin ~25-35k USD margins depending. lol not for pussies.
lol i wonder how liquid it will be. |
need to keep updated with the news bro
XBT-Planned Cboe Bitcoin Futures
cboe is beating cme to it by one week 
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12-07-2017, 04:50 PM
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#1308
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Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005
Location: Vancouver
Posts: 8,142
Thanked 4,146 Times in 1,143 Posts
Failed 1,392 Times in 247 Posts
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Quote:
Originally Posted by Verdasco
what are you guys margin trading? IOTA got rekt after being $5.0
lost a few $
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Gained a little last night on iota margins but hodling now, we'll see what happens with announcement coming up
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I'm so stance my roof rack got a roof rack
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Current
e92 335i 6MT RB Twos Turbos FBO
Former
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uc1 5AT
em2 5MT
db7 5AT - RIP
Quote:
Originally Posted by toyota86
the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though.
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12-07-2017, 05:42 PM
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#1309
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I help report spam so I got this! <--
Join Date: Dec 2010
Location: Vancouver
Posts: 2,867
Thanked 1,215 Times in 535 Posts
Failed 275 Times in 114 Posts
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You guys margin trading on shits you probably don't understand.... Mania a bit too far.
Only trade money you can afford to lose like any other asset, specifically this one.
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12-07-2017, 05:51 PM
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#1310
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Rs has made me the woman i am today!
Join Date: Jan 2011
Location: Vancouver DT
Posts: 4,327
Thanked 2,798 Times in 917 Posts
Failed 1,257 Times in 270 Posts
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mother fucker,did i just see 19k? 
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Fly Your Own Flag.
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12-07-2017, 07:18 PM
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#1311
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I keep RS good
Join Date: May 2001
Location: Cosmos
Posts: 28,736
Thanked 5,599 Times in 1,524 Posts
Failed 889 Times in 301 Posts
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Quote:
Originally Posted by threezero
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yeah except no one trades shit on CBOE lol.
CME is way bigger.
contract specs are also different. CME contract specs are tailored for institutional traders. way bigger.
unlike bitcoin exchanges... real exchanges usually battle it out and only one exchange is really traded. the other is left in the dust with ultra low volume and unfavorable fills.
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12-08-2017, 05:49 AM
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#1312
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Raping Captured Dolphins since 2002 on EZ board days
Join Date: Jul 2002
Location: Hong Kong
Posts: 6,251
Thanked 658 Times in 191 Posts
Failed 78 Times in 45 Posts
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Ulic, since you are into futures trading, what do you see as the impact of future contracts for Bitcoin? People are saying that big companies are buying lots of BTC right now to pump up the prices and then will short.
Does this happen often? your views?
__________________
Quote:
Originally Posted by asian_XL
apparently, freedom of speech does not exist on RS
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Quote:
Originally Posted by Alphamale
I give a lot of people rim jobs.
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My Feedback
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12-08-2017, 09:56 AM
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#1313
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I help report spam so I got this! <--
Join Date: Dec 2010
Location: Vancouver
Posts: 2,867
Thanked 1,215 Times in 535 Posts
Failed 275 Times in 114 Posts
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Futures trading provide increase in liquidity, that's about it.
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12-08-2017, 01:57 PM
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#1314
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Everyone wants a piece of R S...
Join Date: Jul 2013
Location: burnaby
Posts: 394
Thanked 143 Times in 67 Posts
Failed 182 Times in 32 Posts
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I am interested in the pricing of these options, usually Volatility HIGH = BIG fucking prices.
I would gladly buy some puts for a year to protect my BTC
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12-08-2017, 06:22 PM
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#1315
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OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2010
Location: /
Posts: 5,406
Thanked 3,129 Times in 1,242 Posts
Failed 264 Times in 80 Posts
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Is there going to be a clearinghouse to ensure no one defaults on these futures?
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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12-08-2017, 09:37 PM
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#1316
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Need to Shave n Shower, but I CANT STOP POSTING ON RS
Join Date: Apr 2004
Location: Nanaimo
Posts: 17,653
Thanked 8,520 Times in 3,992 Posts
Failed 1,521 Times in 658 Posts
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Anyone on the Island interested in bitcoin. Makerspace Nanaimo is having a talk on the 14th.
https://www.facebook.com/events/384436838651342/
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Until the lions have their own historians, the history of the hunt will always glorify the hunter.
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12-09-2017, 03:25 AM
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#1317
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I keep RS good
Join Date: May 2001
Location: Cosmos
Posts: 28,736
Thanked 5,599 Times in 1,524 Posts
Failed 889 Times in 301 Posts
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Quote:
Originally Posted by RFlush
Ulic, since you are into futures trading, what do you see as the impact of future contracts for Bitcoin? People are saying that big companies are buying lots of BTC right now to pump up the prices and then will short.
Does this happen often? your views?
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lol i can honestly say i dont know, i'm not a fundamentals guy. i just follow the chart.
but for sure it'll add liquidity. shorts will be able to short easily.
miners and other whales will be able to short bitcoin to hedge costs against fluctuations.
i honestly have NO clue what's gonna happen when futures launch.
some people think it'll add volatility. sure?
some people think it'll stabilize... sure?
i honestly don't care. as long as it can be traded, i will trade it... if i can afford the margins LOL.
i've met some new traders that started on bitcoin and have no moved away from it and toward forex because of the super high liquidity and virtually zero slippage (and super high leverage lol).
the only people that really love bitcoin are the maniacs and bag holders.
any trader that trades in and out, can easily trade any other market, they're all the fucking same as long as you have high volume and liquidity. i mean there must be some traders out there that take advantage of low volume, shitty ass spreads and have some weird strategy to take advantage of that. but those are prob pretty rare.
if it becomes popular amongst institutions and regular traders (people that trade on platforms that deal with fiat as base currency), then for sure volume will def increase by a lot. bitcoin market right now is actually still pretty tiny.
imagine volume tripling or... even x5 x7 x8... there's a buncha people out there that wish they could buy bitcoin but dealing with wallets and shady exchanges are too complicated... now they can buy.
there's a shit ton of people that doubt bitcoin and think they're just tulips... now they can short.
yeah sorry didnt answer your question.
i don't try to predict the market anymore (keyword try), i just follow it. that's the only way i've ever made money. every time i've tried to predict something, i usually end up losing money.
the goal for me isn't to be "right" about predictions and be Nostradamus. i only care about making money consistently. and so far, that has been best achieved by not predicting anything, and just managing risk and profit ratios.
i honestly, HONESTLY think u can show two traders the same graph, and they can go in opposite positions, and based on how they manage the position, they can both make money. or both lose money.
lol.
Quote:
Originally Posted by Gerbs
Is there going to be a clearinghouse to ensure no one defaults on these futures?
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of course. CME is a clearing house... they do 1000 trillion dollars a year. lol i'm sure it'll be fine. i've never heard of anyone getting away with not paying up... like ever. they'll send their chicago gangsters down and fuckin "disappear" u in lake michigan.
plus the only people that are actually going to take delivery on the futures are miners and whales. who make up a tiny tiny tiny fraction of the number of btc traders out there.
i cant think of anyone that would buy btc futures to hedge... if anyone could fill me in here that'd be great. who is afraid of btc prices going up? like what kind of person/business/entity would be hurt by btc prices going up? like that's one fundamental problem i see with it, no one needs it. lol.
airlines hedge against crude oil prices going up by buying it.
crude oil producers hedge against oil prices going down by shorting it.
many examples can be made for gold, silver and other industrial products that are bought and sold and "needed" for their industry to survive.
but bitcoin? i duno. lol. I just know it'll return to mean at some point. it's going exponential now, and that is impossible to predict. could go to 20k, 50k, 100k. the graph looks all the same. just a straight line up. but it'll eventually return to the mean after the "crash". duno how long that'll take. could be by end of year, could be next year, could be in 5 years lol 10 years who knows.
the only losers will be the bag holders and maniacs that never sell out ever. and have kept buying and averaging up the whole way lol.
Last edited by Ulic Qel-Droma; 12-09-2017 at 03:41 AM.
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12-09-2017, 11:52 AM
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#1318
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OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005
Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
Failed 96 Times in 53 Posts
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There are many actors in the crypto world that would like tos see bitcoin go down and bitcoin go up.
The crypto rich that has hoarded billions worth of bitcoin and is just sitting on there pile (aka the mega whale bag holders) think winklevoss twins. They certainly would not want to see bitcoin price drop back to 1g
The miners with alterior motive. There is a portion of the mining community that has been trying for a long time to topple bitcoin with their own fork. They have been unsuccessful so far because bitcoin price keeps rising and rising making it unprofitable for themselves and their follower to mine their alternative coin. So far the biggest opponent is Bitcoin Cash which is shill by major mining pool and again mega whales. Futures only allows shorting bitcoin and not its forks. I can see some ppl in this category just drooling with anticipation.
It’s is certainly not all about going up up and up for everyone in this space.
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12-09-2017, 12:26 PM
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#1319
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Revscene.net has a homepage?!
Join Date: Aug 2011
Location: Montréal
Posts: 1,295
Thanked 1,036 Times in 276 Posts
Failed 29 Times in 17 Posts
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Quote:
Originally Posted by BurnoutBinLaden
I bought some bitcoins when they were $11/btc through cavirtex.com.
Now they're at $35/btc so I might hold onto them or invest-but they were $35 18 months ago, and then the price plummeted.
Bitcoin mining is not recommended unless you have an extremely powerful PC-find odd jobs that pay in bitcoins, or just buy them with cash.
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I wonder if he held on to them!!! (Post was from 2013)
__________________
2005 DL-650
1975 VW Westfalia
2002 Ford Explorer (sold)
1989 Yamaha Virago XV535 (sold)
1994 Ford Ranger (sold)
1998 Subaru Legacy Wagon (sold)
2014 Toyota Corolla (loaner)
1996 Isuzu Trooper (RIP🔥)
2003 Jetta Wolfie (sold)
1963 (T)rusty Stude Lark (RIP)
Quote:
Originally Posted by lilaznviper
kunoman is still alive! not raped by oil riggers yet....
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12-10-2017, 01:42 AM
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#1320
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Everyone wants a piece of R S...
Join Date: Jul 2013
Location: burnaby
Posts: 394
Thanked 143 Times in 67 Posts
Failed 182 Times in 32 Posts
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CBOE futures are only 3 months GAAaayyyyy
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12-10-2017, 01:56 AM
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#1321
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I keep RS good
Join Date: May 2001
Location: Cosmos
Posts: 28,736
Thanked 5,599 Times in 1,524 Posts
Failed 889 Times in 301 Posts
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Quote:
Originally Posted by RickyTan3
CBOE futures are only 3 months GAAaayyyyy
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you can just keep rolling over.
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12-10-2017, 04:45 PM
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#1322
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I keep RS good
Join Date: May 2001
Location: Cosmos
Posts: 28,736
Thanked 5,599 Times in 1,524 Posts
Failed 889 Times in 301 Posts
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haha...
as of right now the initial margin for the CBOE small btc futures contract is 14757.91 USD (on interactive brokers).
the big one coming out will be 5x as much.
haha... we'll see if volume goes up over this month. as of right now it's not a day traders market. slippage too big.
also too expensive for regular joes.
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12-10-2017, 07:29 PM
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#1323
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I contribute to threads in the offtopic forum
Join Date: Jun 2013
Location: Burnaby
Posts: 2,626
Thanked 3,085 Times in 838 Posts
Failed 412 Times in 112 Posts
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Can someone explain this to me?
XBT-Cboe Bitcoin Futures
What exactly am I looking at. So three different people think BTC will be $18k USD in 2018? What is settlement and what's the point of having a high and low?
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12-10-2017, 08:24 PM
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#1324
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I help report spam so I got this! <--
Join Date: Dec 2010
Location: Vancouver
Posts: 2,867
Thanked 1,215 Times in 535 Posts
Failed 275 Times in 114 Posts
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Those are 3 different futures with different contract dates (Jan Feb March assuming). High/Low is your trading range. Settlement is average price traded.
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12-10-2017, 08:26 PM
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#1325
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Hacked RS to become a mod
Join Date: Feb 2002
Location: Sunny Hong Kong
Posts: 55,064
Thanked 25,872 Times in 9,092 Posts
Failed 1,573 Times in 719 Posts
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Bankers will ruin bitcoin just like they ruin everything else in the world 
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